Eicher Motors Limited — QIP/Rights/Pref., 31-07-2025: Allotment of Securities
31-07-2025 | 06:00 pm
31-07-2025 | 06:00 pm
Eicher Motors' Board has approved the allotment of 25,750 new equity shares. These shares, each with a face value of Re. 1, were issued to company employees exercising their stock options under the 2006 Employee Stock Option Plan and 2019 Restricted Stock Units Plan. This action results in a slight increase in the company's total outstanding shares. For investors, this means a very minor dilution of existing shareholding and a negligible capital infusion, primarily serving as an employee incentive program.
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